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Redwood Options Scam Review

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    1. redwoodWe put a lot of work into writing our Redwood Options review and recommend the best and safest brokers in the business. So does Redwood Options Scam? No they don’t. Redwood Options provides a good service to our readers. Choosing a good binary options broker isn’t always an easy task and this is why we try to aid out readers by listing brokers we believe are the best.

      Redwood Options has been on the market for almost a year now. There have been no reports of any fraudulent activity with Redwood Options. Redwood Options scam and complaints are not existing to our knowledge. More so, Redwood Options offers customer support not only to English speaking clients, but also to clients who speak Russia, French, Spanish or Greek. With this many language options, Redwood Options ensures that all clients’ need are easily met. This way they also avoid a lot of misunderstandings that can happen sometimes.

      Redwood Options uses simple and easy to use SpotOption software which can be used straight from the browser. Sometimes customers believe that brokers manipulate their software to show losses, but that isn’t the case with Redwood Options. It uses a credible platform, it has been in the business for almost a year now and in reality it makes no sense for brokers to manipulate software/trades.

      All options are based on assets that are traded in the global markets. Prices are reported and used daily by millions of big and small investors, not just for binary options trading. A scam wouldn’t last long since every trader can use publicly accessible information and graph tools on various websites to check if the underlying asset really moved the same it did on the binary options platform. If Redwood Options were a scam, we would have known about it a long time ago.

      Trading binary options is operationally easy, but to do it strategically and with considerable success takes diligence and patience. There are many ways readers considering binary options trade can educate themselves. Fair Binary Options and Redwood Options offer a lot of learning materials as well as brokers that we recommend. These pages are there to ensure that thousand of clients using Redwood Options have access to needed knowledge to succeed. The conclusion to the question “Redwoods Options scam?” No, it’s not and you can always contact us if you feel different.

      Redwood Options Complaint

      Redwood Options BrokerRedwood Options was reviewed by Fair Binary Options (FBO) last in April 2013. Since then, Redwood has been on out trusted brokers list. Redwood Options is one of the best brokers in Binary Options scene, offering very simple trading software based on SpotOptions solutions. The website is well outlined and has a lot of useful features.

      Since the inception FBO is more than happy to report that no complaints  on Redwood Options were placed. Users are generally satisfied with Redwood Options’ services. One of best aspects of their website are the webinars that help traders make better decisions. Senior analysts have contributed in making of these seminars offering their advice in easy to understand form for all Redwood Options customers.

      Enhancing trust in Redwood Options’ service is the fact that registration doesn’t require credit card data or a deposit. As noted in out review, they have a simple but important verification process to ensure the safety of their clients. In addition to that, SSL encryption ensures all trades and transfers are safe against digital threats.

      In helping customers Redwood has set up great customer service that provides 24/7 support in English. They want to be there for all their customers and that’s why all questions can be directed via email, help chat and phone. International customers will be happy to know that they offer customer support in languages other than English, so support is available in Greek, Russian, French and Spanish.

      Redwoods great software and website, multilingual customer support, high security standards and easy to use banking have made their customers more loyal and in general satisfied with the service. They also apply international banking standards, thus offering services to US customers as well. The fact that they offer 10% cash back on lost trades is another point for Redwood Options credibility.

      All these reasons have ensured Redwood Options are one of most trusted brokers that offer great service to their services. This is also why FBO didn’t get any complaints from our visitors regarding Redwood Options. This is why Redwood Options is on our brokers list.

      Redwood Options Open Account

      Redwood Options is one of Fair Binary Options recommended brokers. In our review you can read about the main strengths of their platform. We liked the fact that the website is not clogged, it is kept fairly simple. Trading platform is the famous SpotOption software that makes it easier for newcomers. We highlighted the fact that Redwood Options offers 10% cash back on all lost trades.

      Redwood Options makes it possible to trade a wide array of assets including 20 stocks, 12 currency pairs, 7 commodities and 21 indices. A great option is the Option builder that lets you buy  10%/80% options meaning that gains can be up to 90%. Other trading modes such as OneTouch are also available. With “double up” and “roll over” users can change the intensity of their exposure before the expiry, depending on their perception how the underlying asset will move.

      Trading currencies are EUR and USD. Special feature of Redwood Options is the fact that it is open for US citizens as well. Moneybookers are still not available, main deposit/withdrawal options are wire and credit card. In order to open an account go to our Redwood Options review and click “trade now”, or to our broker list and click “sign up”.


      There is no registration fee. Clients can choose the type of the account they think will be best for their trading style. Deposit is not required for registration, you don’t even have to enter your credit card data. Trading is very secure since Redwood Options uses SSL encryption.

      Steps to register are:

      1. Go to our Redwood page and click “trade now”, or choose Redwood Options in our signup list;

      2. fill in the required details;

      3. after submitting you will get an email with verification steps explained. Depositing requires verification so prepare a photo ID and a document (such as utility bill) to verify the address. Copy of credit card will be needed for clients depositing that way;

      4. After verification, you are ready to trade!

      Redwood USA

      Starting with January 1st 2015, US accounts are no longer accepted on the Redwood website. Thus, customers from the US will have to re-think their choices and look for a different platform that can offer specialized services for their particular needs. Redwood Options was launched in 2013 as one of the most ambitious platforms of its type, offering a user-friendly experience and a series of features and benefits that were particularly interesting for US traders. However, things are now changing, which is why it’s important to explain why exactly there is a clear separation between American and the so-called offshore platforms.

      redwood300When hearing that Redwood USA accounts are no longer accepted, many traders imagine that binary options as a whole are not legal anymore. This is not true. Binary options trading is perfectly legal and profitable. However, US residents can use services of offshore brokers and platforms because there is incompatibility in terms of regulations to Europe. Redwood Options is no longer available for American traders, but there are still plenty of other options that they can take into consideration. Needless to say, it is not surprising that US traders are disappointed, because in its two years of presence on the market, the platform has received no complaints whatsoever.

      Redwood Options used to be quite popular among US traders and there will undoubtedly be many questions that existing members will like to ask. The platform has a solid and credible customer support system, so if you want to know more about this change, you are encouraged to visit the website and contact support. In fact, the topic of regulated binary options trading platforms available for traders in the United States can be quite complicated, which is why some research is necessary if you would like to know what authorities are in charge of issuing regulations for each continent.

      Traders from non-US territories can still use the platform as usual, without any restrictions or additional terms. In fact, new bonuses are available now, so traders who are wondering how they can make additional profit should definitely check those out. The platform is overall very straightforward and easy to use and all the positive reviews it has received from traders everywhere clearly show that it’s one of the most solid and reliable options in the long run. Even though Redwood Options is no longer available in US territories, traders can still have many other options to choose from, as there are multiple US-regulated platforms that offer fast and secure withdrawal. Traders should use MagnumOptions instead since this broker accepts US traders and it is founded by the same company.

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